Cerner Corporation, a leading healthcare information technology company, was acquired by Oracle in June 2022. As a result, Cerner’s stock (CERN) is no longer publicly traded and is therefore not listed on Yahoo Finance or any other stock exchange. However, Yahoo Finance still provides historical data and information about Cerner’s past performance.
If you search for “Cerner stock” on Yahoo Finance, you’ll find a page dedicated to CERN. This page will show that trading in CERN has been halted. While you won’t be able to buy or sell Cerner stock, you can still access valuable historical information, including:
- Price History: You can view Cerner’s historical stock prices, going back many years. This data can be presented in various formats, such as daily, weekly, monthly, or yearly charts. Analyzing price trends can offer insights into how the market valued Cerner before the acquisition.
- Key Statistics: Yahoo Finance often retains key financial ratios and statistics related to Cerner, such as its price-to-earnings (P/E) ratio, earnings per share (EPS), and market capitalization. These figures provide a snapshot of Cerner’s financial health and market valuation before it was delisted.
- Financial Statements: Historical income statements, balance sheets, and cash flow statements may be available. These documents provide a detailed view of Cerner’s revenues, expenses, assets, liabilities, and cash flow patterns.
- Analyst Coverage: You might find archived analyst ratings, price targets, and research reports related to Cerner. Although these are no longer current, they can provide perspective on how analysts viewed Cerner’s future prospects before the Oracle acquisition.
- News Articles: Yahoo Finance likely archives relevant news articles about Cerner, including press releases, financial reports, and articles discussing the company’s performance, industry trends, and the acquisition by Oracle. These articles can provide context for understanding the company’s trajectory.
While Cerner is no longer a standalone publicly traded company, examining its historical performance on platforms like Yahoo Finance can still be useful for several reasons:
- Industry Benchmarking: Understanding Cerner’s historical financial performance and market valuation can provide a benchmark for comparing other companies in the healthcare IT sector.
- Acquisition Analysis: Analyzing Cerner’s pre-acquisition data can shed light on the rationale behind Oracle’s acquisition and the potential benefits Oracle anticipated from the deal.
- Investment Education: Studying the rise and eventual acquisition of Cerner can serve as a case study for investors interested in understanding mergers and acquisitions, as well as the factors that contribute to a company’s success or decline.
In summary, while you can no longer trade Cerner stock, Yahoo Finance remains a valuable resource for accessing historical data and information related to the company. This information can be used for industry analysis, investment education, and understanding the broader context of the Oracle acquisition.